In response to:

A Second Look at Our Government Overlords

lemmi Wrote: Jun 14, 2012 3:47 PM
right frank supply has nothing to do with demand, natural gas went from around $9 to near $2 by upping supply The government can get out of the way of production
Topeka Wrote: Jun 14, 2012 8:37 PM
Skwach,

there are no oil subsidies... and if you mean depletion which is nothing more than a surrogate for depreciation, only small shops get that...

Claiming Oil is Subsidized

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Claiming Tax Cuts Cause Deficits

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Claiming Government Lets Us Keep Their Money

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Claiming We the Government's Slaves

Capiche?
lemmi Wrote: Jun 14, 2012 6:02 PM
Nice try Sk
Government controlled production is much lower, the increases that have occurred are on private land, they are a fraction of what is available. If we use 25% of the worlds oil and import over 50% of our oil then by becoming oil independent we would increase the world supply by 12.5%
Skwach Wrote: Jun 14, 2012 5:16 PM
Which is what Obama has done. Domestic oil production in higher than it's been since Nixon. Oil subsidies are higher than they've ever been. So, why are the prices so high?

No news is good news for Obama these days.

And I don’t mean the absence of news.

What I mean is that none of the news that is coming out about the world, the economy, the prospect of golf vacations, is good for Obama’s reelection chances.

It’s certainly nice for the rest of us that oil prices are coming down.

But it really screws up Obama and Secretary Chu’s plan to keep energy prices so high that European prices begin to look cheap.

Maybe now they’ll apologize for crucifying oil companies.

But I doubt it. 

Obama...

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